Comments on economics, mystery fiction, drama, and art.

Thursday, October 09, 2008

Here's some good news--a growth sector

That heading is snark, by the way.

From the Times of London:

Sales of household safes have surged as wealthy savers concerned about the health of banks opt to keep cash at home.

Leading safe manufacturers contacted by The Times said that they had seen a big increase in demand. Many predicted that fears of meltdown in the banking sector would mean a further rush before Christmas.

One company said that sales had increased by a quarter, while another said that its staff had received calls from panicking investors who now wanted to keep their savings locked away at home.

Brought to you, via me, by the fine folks at Marginal Revolution.


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